Southern Company (The) $SO Shares Bought by KPP Advisory Services LLC

KPP Advisory Services LLC increased its stake in Southern Company (The) (NYSE:SO) by 1.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,392 shares of the utilities provider’s stock after purchasing an additional 117 shares during the period. KPP Advisory Services LLC’s holdings in Southern were worth $1,046,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SO. Ameriflex Group Inc. boosted its stake in Southern by 275.0% during the 2nd quarter. Ameriflex Group Inc. now owns 300 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 220 shares during the period. Cheviot Value Management LLC acquired a new stake in shares of Southern in the first quarter valued at approximately $28,000. Financial Connections Group Inc. acquired a new position in shares of Southern during the first quarter worth approximately $33,000. Accredited Wealth Management LLC acquired a new position in shares of Southern during the first quarter worth approximately $36,000. Finally, Saudi Central Bank bought a new position in Southern in the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 64.10% of the company’s stock.

Insider Activity

In other news, CEO Kimberly S. Greene sold 13,158 shares of the stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $95.00, for a total value of $1,250,010.00. Following the completion of the sale, the chief executive officer directly owned 93,661 shares of the company’s stock, valued at $8,897,795. This represents a 12.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.16% of the stock is owned by company insiders.

Southern Price Performance

Shares of NYSE SO opened at $94.56 on Monday. Southern Company has a twelve month low of $80.46 and a twelve month high of $96.44. The company has a current ratio of 0.74, a quick ratio of 0.54 and a debt-to-equity ratio of 1.69. The firm has a 50-day moving average of $93.45 and a two-hundred day moving average of $91.48. The company has a market capitalization of $104.01 billion, a price-to-earnings ratio of 24.31, a PEG ratio of 3.27 and a beta of 0.43.

Southern (NYSE:SO) last released its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.08). Southern had a return on equity of 12.09% and a net margin of 15.10%.The company had revenue of $6.97 billion for the quarter, compared to the consensus estimate of $6.70 billion. During the same period in the prior year, the business earned $1.10 earnings per share. The business’s revenue was up 7.9% compared to the same quarter last year. Southern has set its Q3 2025 guidance at 1.500-1.500 EPS. FY 2025 guidance at 4.200-4.300 EPS. As a group, analysts expect that Southern Company will post 4.29 earnings per share for the current fiscal year.

Southern Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Monday, August 18th were issued a $0.74 dividend. The ex-dividend date was Monday, August 18th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 3.1%. Southern’s dividend payout ratio is currently 76.09%.

Wall Street Analyst Weigh In

SO has been the subject of a number of analyst reports. Morgan Stanley reduced their price target on Southern from $94.00 to $92.00 and set an “equal weight” rating for the company in a research report on Thursday, September 25th. Mizuho lifted their price objective on shares of Southern from $93.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday, August 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of Southern in a research report on Saturday, September 27th. BMO Capital Markets raised their target price on shares of Southern from $98.00 to $102.00 and gave the company an “outperform” rating in a research note on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Southern from $97.00 to $98.00 and gave the stock a “neutral” rating in a research report on Thursday, August 21st. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Southern presently has a consensus rating of “Hold” and an average price target of $95.08.

Southern Profile

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.